The Canadian Maple Leaf series is the most popular annual product from the Royal Canadian Mint. While the gold and silver versions of the coin grab most of the attention, RCM also produces a platinum and palladium version of this sought-after bullion coin. Right now, the 2016 1 oz Canadian Platinum Maple Leaf is available from JM Bullion.
- 19th striking of the Canadian Platinum Maple Leaf!
- Singles ship in flips, lots of 10 ship in mint tubes.
- Contains 1 oz of .9995 pure platinum.
- Bears a face value of $50 (CAD) backed by the Canadian government.
- Graded Brilliant Uncirculated.
Canadian Platinum Maple Leaf coins were introduced in 1988, the same year as the silver version of the popular coin series. However, the Platinum Maple Leaf has been impacted more by shifting prices in platinum than the gold and silver were by changing prices for those coins.
The Platinum Maple Leaf was available from 1988 to 1992 in this 1 oz weight, and three fractional weights. From 1993 to 2002 it was available in the 1 oz weight and four fractional weights, with an additional 1/15 oz weight struck only in 1994. Dropping platinum prices in the early 21st century led the RCM to cancel the coins in 2002.
In 2009, the Royal Canadian Mint reintroduced the Canadian Platinum Maple Leaf, which is now available only in this 1 oz. weight. Following a high mintage of 34,650 in 2012, the volume of Platinum Maple Leafs struck by the RCM has declined through 2016.
Each of the 2016 Canadian Platinum Maple Leaf coins in this JM Bullion product listing has a Brilliant Uncirculated grade. Coins in BU condition show no signs of wear and tear, though you may notice spotted surfaces, breaks in the luster, or contact marks on the surface.
On the reverse of the coin is RCM engraver Walter Ott’s iconic sugar maple leaf design, along with engravings identifying the nation of issue, purity of the coin, metal content, and weight.
The obverse now features the 2003 depiction of Queen Elizabeth II created by Susanna Blunt. Her Majesty’s effigy is surrounded by engravings of “Elizabeth II” and “50 Dollars 2016.”
If you have any questions, please don’t hesitate to ask. A JM Bullion associate is available on the phone at 800-276-6508, online using our website’s live chat, or by submitting your questions via email.